Kernel Holding SA (0KE) — Financial Flexibility Index
Kernel Holding SA (0KE) has a Financial Flexibility Index of -0.13x as of December 2025. Free cash flow of €-150.88 Million (operating CF €-175.51 Million minus capex €24.64 Million) represents 0% of total liabilities (€1.19 Billion). Check 0KE cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Kernel Holding SA Financial Flexibility Index (2014–2024)
Historical Financial Flexibility Index trend for Kernel Holding SA across 11 annual periods. For the full cash flow conversion analysis, see 0KE cash generation efficiency.
Annual Financial Flexibility Index for Kernel Holding SA (2014–2024)
Year-by-year free cash flow to debt coverage for Kernel Holding SA. Explore Kernel Holding SA debt service capacity to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (EUR) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.40x | €618.63 Million | €472.14 Million | €1.53 Billion | ▲ +7.5% |
| 2023 | 0.38x | €805.27 Million | €716.13 Million | €2.14 Billion | ▲ +606.0% |
| 2022 | -0.07x | €-185.79 Million | €-305.46 Million | €2.50 Billion | ▼ -122.3% |
| 2021 | 0.33x | €638.14 Million | €459.84 Million | €1.91 Billion | ▲ +14.8% |
| 2020 | 0.29x | €485.01 Million | €269.36 Million | €1.67 Billion | ▼ -11.3% |
| 2019 | 0.33x | €365.64 Million | €198.65 Million | €1.12 Billion | ▲ +47.5% |
| 2018 | 0.22x | €229.04 Million | €82.48 Million | €1.03 Billion | ▲ +56.3% |
| 2017 | 0.14x | €120.84 Million | €77.41 Million | €851.47 Million | ▼ -56.8% |
| 2016 | 0.33x | €168.11 Million | €133.72 Million | €512.30 Million | ▼ -56.1% |
| 2015 | 0.75x | €429.45 Million | €404.72 Million | €574.77 Million | ▲ +401.4% |
| 2014 | 0.15x | €132.38 Million | €82.47 Million | €888.34 Million | — |